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Coinbase Could Enter the Initial Exchange Offering Industry

Coinbase, one of the largest and most recognized crypto exchanges in the world, could soon launch a new platform to host Initial Exchange Offerings (IEOs). This is according to the head of institutional sales for Coinbase in Asia, Kayvon Pirestani.
Coinbase May Launch An IEO Platform
During a panel at CoinDesk’s Invest: Asia, Priestani explained that they are exploring an IEO platform to help startups and firms launch their digital assets. The firm is also analyzing the possibility to also launch other capital-formation tools, including Security Token Offerings (STOs).
On the matter, Pirestani commented:
“We think there’s a really interesting opportunity there for Coinbase. In a nutshell, Coinbase is carefully exploring not only the IEO space but also STOs. But I ca...